Company Welspun Corp Limited NSE India S.E.

Equities

WELCORP

INE191B01025

Iron & Steel

Market Closed - NSE India S.E. 12:43:54 24/05/2024 BST 5-day change 1st Jan Change
604.9 INR +0.31% Intraday chart for Welspun Corp Limited +0.49% +10.35%

Business Summary

Welspun Corp Limited is engaged in the business of manufacturing steel products and plastic products. The Company is engaged in the business of production and coating of high-grade submerged arc welded pipes, hot rolled steel plates and coils. It is a service provider of welded line pipes, ductile iron pipes, stainless steel pipes, tubes and bars. It offers end-to-end products, comprehensive pipe solutions and ancillary services, using technology to build its capabilities. Its diversified product portfolio includes stainless steel and alloy, water tanks, uPVC interiors, carbon steel line pipes, ductile iron pipes, TMT rebars and pig iron. It has set up an integrated Ductile Iron (DI) Pipes facility with a capacity of 400,000 MT along with other value-added ancillary services at Anjar, Gujarat. The Company’s manufacturing facilities are strategically located in India, the United States and Saudi Arabia. It has a diversified presence in over 50 countries.

Number of employees: 4,786

Sales per Business

INR in Million2022Weight2023Weight Delta
Steel Products
99.9 %
- - 97,479 99.9 % -
Other
0.1 %
1,759 2.7 % 102 0.1 % -94.22%

Sales per region

INR in Million2022Weight2023Weight Delta
India
54.4 %
38,388 59.0 % 53,037 54.4 % +38.16%
International
45.6 %
26,663 41.0 % 44,544 45.6 % +67.06%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 31/12/16
President 56 31/01/08
President 56 -
Director of Finance/CFO 56 10/06/18
President 53 19/06/96
Chairman 57 25/04/95
Chief Operating Officer 60 -
Corporate Officer/Principal - 02/07/23
Corporate Officer/Principal - 10/06/12
Human Resources Officer - 04/01/23

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 25/04/95
Director/Board Member 56 01/02/23
Chairman 57 25/04/95
Chief Executive Officer 54 31/12/16
- -
Director/Board Member 58 03/08/23
Director/Board Member 68 06/08/19
Director/Board Member 66 31/03/23
Director/Board Member 31 03/08/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 261,666,895 125,313,034 ( 47.89 %) 86,717 ( 0.0331 %) 47.89 %

Shareholders

NameEquities%Valuation
117,513,807 44.91 % 795 M ₹
Life Insurance Corporation of India (Investment Portfolio)
5.200 %
13,606,752 5.200 % 92 M ₹
13,384,759 5.115 % 91 M ₹
Aryabhat Vyapar Pvt Ltd.
2.643 %
6,915,000 2.643 % 47 M ₹
6,758,000 2.583 % 46 M ₹
DSP Asset Managers Pvt. Ltd.
2.542 %
6,652,219 2.542 % 45 M ₹
6,000,000 2.293 % 41 M ₹
Aditya Birla Sun Life Amc Ltd. (Investment Management)
1.897 %
4,964,184 1.897 % 34 M ₹
Motilal Oswal Asset Management Co. Ltd.
1.341 %
3,508,263 1.341 % 24 M ₹
360 ONE Asset Management Ltd.
0.6915 %
1,809,506 0.6915 % 12 M ₹

Holdings

NameEquities%Valuation
11,025,000 35.00% 422,704,343 $
265,190,034 50.03% 126,148,247 $

Company contact information

Welspun Corp. Ltd.

Welspun House Kamala Mills Compound, 5th Floor

400013, Mumbai

+91 22 6613 6000

http://www.welspuncorp.com
address Welspun Corp Limited(WELCORP)

Group companies

NameCategory and Sector
Steel
Steel
Industrial Conglomerates

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
604.5 INR
Average target price
640.2 INR
Spread / Average Target
+5.91%
Consensus

Quarterly revenue - Rate of surprise